UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number: 811-05410

 

Voya Prime Rate Trust

(Exact name of registrant as specified in charter)

 

7337 E. Doubletree Ranch Rd., Suite 100, Scottsdale, AZ 85258
(Address of principal executive offices) (Zip code)

 

C T Corporation System, 101 Federal Street, Boston, MA 02110

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: 1-800-992-0180

 

Date of fiscal year end: February 28

 

Date of reporting period: November 30, 2018

 

 

 

 

 

 

Item 1. Schedule of Investments

 

The schedules of investments as of the close of the reporting period are set forth below for:

 

Voya Prime Rate Trust

 

The schedules are not audited.

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited)

  

 

Principal Amount†

    Borrower/Tranche
Description		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: 145.9%     
     Aerospace & Defense: 1.8%
997,500   KBR, Inc. Term Loan B, 6.095%, (US0001M + 3.750%), 04/25/25   998,747    0.1 
7,885,500    Maxar Technologies Ltd. Term Loan B, 5.148%, (US0003M + 2.750%), 10/04/24   7,510,939    0.9 
2,434,765    TransDigm, Inc. 2018 Term Loan E, 4.845%, (US0001M + 2.500%), 05/30/25   2,377,129    0.3 
3,064,615    TransDigm, Inc. 2018 Term Loan F, 4.845%, (US0001M + 2.500%), 06/09/23   3,003,896    0.4 
1,264,048    TransDigm, Inc. 2018 Term Loan G, 4.845%, (US0001M + 2.500%), 08/22/24   1,233,914    0.1 
         15,124,625    1.8 
                
     Auto Components: 0.5%
4,135,167    Broadstreet Partners, Inc. 2018 Term Loan B, 5.595%, (US0001M + 3.250%), 11/08/23   4,098,984    0.5 
                
     Automotive: 5.3%
3,090,750    American Axle and Manufacturing, Inc. Term Loan B, 4.639%, (US0001M + 2.250%), 04/06/24   2,984,119    0.4 
520,000    Belron Finance US LLC 2018 Term Loan B, 5.115%, (US0003M + 2.500%), 11/13/25   514,800    0.1 
1,741,838    Belron Finance US LLC USD Term Loan B, 4.839%, (US0003M + 2.250%), 11/07/24   1,724,419    0.2 
4,855,668    Bright Bidco B.V. 2018 Term Loan B, 5.873%, (US0003M + 3.500%), 06/30/24   4,467,215    0.5 
2,888,845    Dealer Tire, LLC 2017 Term Loan B, 5.653%, (US0001M + 3.250%), 12/22/21   2,887,039    0.3 
4,244,767    Dynacast International LLC Term Loan B2, 5.636%, (US0003M + 3.250%), 01/28/22   4,207,519    0.5 
EUR  1,182,060    Gates Global LLC 2017 EUR Repriced Term Loan B, 3.000%, (EUR003M + 3.000%), 04/01/24   1,331,937    0.2 
8,271,730    Gates Global LLC 2017 USD Repriced Term Loan B, 5.095%, (US0001M + 2.750%), 04/01/24   8,146,794    1.0 
1,275,000    Holley Purchaser, Inc. Term Loan B, 7.508%, (US0003M + 5.000%), 10/24/25   1,255,875    0.2 

Principal Amount†

    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Automotive: (continued)
1,918,073   KAR Auction Services, Inc. Term Loan B5, 4.938%, (US0003M + 2.500%), 03/09/23  $1,907,668    0.2 
1,132,163    L&W, Inc. 2018 Term Loan B, 6.315%, (US0001M + 4.000%), 05/22/25   1,134,993    0.1 
3,477,942    Mavis Tire Express Services Corp. 2018 1st Lien Term Loan, 5.556%, (US0001M + 3.250%), 03/20/25   3,443,163    0.4 
559,426 (1)  Mavis Tire Express Services Corp. 2018 Delayed Draw Term Loan, 5.556%, (US0001M + 3.250%), 03/20/25   553,832    0.1 
1,539,938    Superior Industries International, Inc. 2018 1st Lien Term Loan B, 6.345%, (US0001M + 4.000%), 05/22/24   1,545,713    0.2 
3,110,000    Tenneco, Inc. 2018 Term Loan B, 5.095%, (US0001M + 2.750%), 10/01/25   3,049,744    0.4 
2,962,500    Truck Hero, Inc. 1st Lien Term Loan, 6.065%, (US0001M + 3.750%), 04/21/24   2,924,544    0.4 
1,025,000    Truck Hero, Inc. 2nd Lien Term Loan, 10.565%, (US0001M + 8.250%), 04/21/25   1,030,125    0.1 
         43,109,499    5.3 
                
     Beverage & Tobacco: 0.2%
1,835,000    Refresco Group BV USD Term Loan B3, 5.866%, (US0003M + 3.250%), 03/28/25   1,809,769    0.2 
                
     Brokers, Dealers & Invetesment Houses: 0.5%
1,912,489    Capital Automotive L.P. 2017 2nd Lien Term Loan, 8.350%, (US0001M + 6.000%), 03/24/25   1,925,240    0.2 
1,955,000    Forest City Enterprises, L.P. Term Loan B, 6.736%, (US0003M + 4.000%), 10/24/25   1,959,887    0.3 
         3,885,127    0.5 
                
     Building & Development: 3.7%
2,060,579    Capital Automotive L.P. 2017 1st Lien Term Loan, 4.850%, (US0001M + 2.500%), 03/24/24   2,036,109    0.3 
1,341,450    Core & Main LP 2017 Term Loan B, 5.526%, (US0003M + 3.000%), 08/01/24   1,330,551    0.2 

 

 

 

  

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†

    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Building & Development: (continued)
930,000   Foundation Building Materials Holding Company LLC 2018 Term Loan B, 5.557%, (US0001M + 3.250%), 08/13/25  $916,050    0.1 
2,828,294    GYP Holdings III Corp. 2018 Term Loan B, 5.095%, (US0001M + 2.750%), 06/01/25   2,732,839    0.3 
1,891,313    Henry Company LLC Term Loan B, 6.345%, (US0001M + 4.000%), 10/05/23   1,888,948    0.2 
1,629,477    Interior Logic Group, Inc. 2018 Term Loan B, 6.391%, (US0002M + 4.000%), 05/30/25   1,623,367    0.2 
EUR 1,000,000    LSF10 Impala Investments S.a r.l. 2018 EUR Term Loan B, 4.750%, (EUR003M + 4.750%), 07/31/25   1,139,795    0.1 
1,729,116    MX Holdings US, Inc. Term Loan B1B, 5.345%, (US0001M + 3.000%), 07/31/25   1,726,955    0.2 
4,713,188    Ply Gem Midco, Inc. 2018 Term Loan, 6.175%, (US0003M + 3.750%), 04/12/25   4,620,889    0.6 
2,310,060    Quikrete Holdings Inc Term Loan, 5.095%, (US0001M + 2.750%), 11/15/23   2,268,809    0.3 
552,225    SMG Holdings Inc. 2017 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 01/23/25   546,703    0.1 
3,356,588 SRS Distribution Inc. 2018 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 05/23/25   3,241,903    0.4 
2,021,461    Werner FinCo LP 2017 Term Loan, 6.299%, (US0001M + 4.000%), 07/24/24   1,960,817    0.2 
2,259,894    Wilsonart LLC 2017 Term Loan B, 5.640%, (US0003M + 3.250%), 12/19/23   2,232,350    0.3 
EUR  1,599,655    Xella International GmbH 2017 EUR Term Loan B, 4.000%, (EUR003M + 4.000%), 04/11/24   1,806,066    0.2 
         30,072,151    3.7 
                
     Business Equipment & Services: 18.6%
944,056    24-7 Intouch Inc 2018 Term Loan, 6.565%, (US0001M + 4.250%), 08/20/25   920,455    0.1 
1,703,439    Acosta Holdco, Inc. 2015 Term Loan, 5.595%, (US0001M + 3.250%), 09/26/21   1,188,148    0.1 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Business Equipment & Services: (continued)
395,109   Advantage Sales & Marketing, Inc. 2014 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 07/23/21  $359,920    0.0 
1,400,000    Advantage Sales & Marketing, Inc. 2014 2nd Lien Term Loan, 8.845%, (US0001M + 6.500%), 07/25/22   1,150,334    0.1 
6,609,399    AlixPartners, LLP 2017 Term Loan B, 5.095%, (US0001M + 2.750%), 04/04/24   6,558,454    0.8 
1,900,000    Allflex Holdings III, Inc. New 1st Lien Term Loan, 5.699%, (US0003M + 3.250%), 07/20/20   1,897,921    0.2 
450,000    Allied Universal Holdco LLC Incremental Term Loan, 6.641%, (US0002M + 4.250%), 07/28/22   446,063    0.1 
1,443,750    Array Canada Inc. Term Loan B, 7.386%, (US0003M + 5.000%), 02/10/23   1,396,828    0.2 
1,885,950    Ascend Learning, LLC 2017 Term Loan B, 5.345%, (US0001M + 3.000%), 07/12/24   1,872,394    0.2 
EUR  1,000,000    Assystem SA EUR Term Loan, 4.250%, (EUR001W + 4.250%), 09/27/24   1,131,747    0.1 
1,271,618    Big Ass Fans, LLC 2018 Term Loan, 6.136%, (US0003M + 3.750%), 05/21/24   1,269,764    0.2 
EUR 1,135,000    Blitz F18-675 GmbH 2018 EUR Term Loan B2, 3.750%, (EUR003M + 3.750%), 07/31/25   1,288,146    0.2 
2,176,750    Camelot UK Holdco Limited 2017 Repriced Term Loan, 5.595%, (US0001M + 3.250%), 10/03/23   2,155,799    0.3 
1,283,750    Colorado Buyer Inc Term Loan B, 5.320%, (US0001M + 3.000%), 05/01/24   1,266,901    0.2 
1,284,909    Convergint Technologies LLC 2018 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 02/03/25   1,268,848    0.2 
1,727,770    DTI Holdco, Inc. 2018 Term Loan B, 7.276%, (US0003M + 4.750%), 09/30/23   1,634,902    0.2 
4,636,559    EIG Investors Corp. 2018 1st Lien Term Loan, 6.434%, (US0003M + 3.750%), 02/09/23   4,630,040    0.6 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Business Equipment & Services: (continued)
592,523   Element Materials Technology Group US Holdings Inc 2017 USD Term Loan B, 5.845%, (US0001M + 3.500%), 06/28/24  $592,523    0.1 
683,773    Engineered Machinery Holdings, Inc. USD 1st Lien Term Loan, 5.636%, (US0003M + 3.250%), 07/19/24   669,670    0.1 
2,652,378    EVO Payments International LLC 2018 1st Lien Term Loan, 5.600%, (US0001M + 3.250%), 12/22/23   2,650,720    0.3 
12,595,000    Financial & Risk US Holdings, Inc. 2018 USD Term Loan, 6.095%, (US0001M + 3.750%), 10/01/25   12,294,559    1.5 
EUR   1,482,447    Foncia Groupe 2016 EUR Term Loan B, 3.250%, (EUR003M + 3.250%), 09/07/23   1,677,020    0.2 
1,035,000    FrontDoor Inc 2018 Term Loan B, 4.875%, (US0001M + 2.500%), 08/14/25   1,029,825    0.1 
995,467    Garda World Security Corporation 2017 Term Loan, 5.821%, (US0003M + 3.500%), 05/24/24   992,979    0.1 
1,308,425    GreenSky Holdings, LLC 2018 Term Loan B, 5.595%, (US0001M + 3.250%), 03/31/25   1,303,518    0.2 
EUR   990,000    GTCR Valor Companies, Inc. EUR 2017 Term Loan B1, 3.000%, (EUR003M + 3.000%), 06/20/23   1,124,107    0.1 
3,430,937    GTCR Valor Companies, Inc. USD 2017 Term Loan B1, 5.136%, (US0003M + 2.750%), 06/16/23   3,408,063    0.4 
EUR 1,268,819    ION Trading Technologies S.a.r.l. EUR Incremental Term Loan B, 4.250%, (EUR003M + 3.250%), 11/21/24   1,418,732    0.2 
1,027,412    ION Trading Technologies S.a.r.l. USD Incremental Term Loan B, 6.386%, (US0003M + 4.000%), 11/21/24   1,014,569    0.1 
1,976,440    IQOR US Inc. 2nd Lien Term Loan, 11.148%, (US0003M + 8.750%), 04/01/22   1,495,507    0.2 
3,000,932    IQOR US Inc. Term Loan B, 7.398%, (US0003M + 5.000%), 04/01/21   2,823,376    0.3 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Business Equipment & Services: (continued)
5,986,701   KUEHG Corp. 2018 Incremental Term Loan, 6.136%, (US0003M + 3.750%), 02/21/25  $5,968,525    0.7 
1,681,550    Learning Care Group, Inc. 2018 1st Lien Term Loan, 5.561%, (US0001W + 3.250%), 03/13/25   1,674,894    0.2 
1,250,000    Learning Care Group, Inc. 2018 2nd Lien Term Loan, 9.806%, (US0001M + 7.500%), 03/13/26   1,256,250    0.2 
1,050,000    Misys (Finastra) TL 2nd Lien USD, 9.636%, (US0003M + 7.250%), 06/13/25   1,009,050    0.1 
4,312,621    Misys (Finastra) TL B USD, 5.886%, (US0003M + 3.500%), 06/13/24   4,191,328    0.5 
4,068,950    NeuStar, Inc. 2018 Term Loan B4, 5.845%, (US0001M + 3.500%), 08/08/24   4,026,991    0.5 
439,878    NeuStar, Inc. 2nd Lien Term Loan, 10.345%, (US0001M + 8.000%), 08/08/25   434,379    0.1 
5,863,031    NVA Holdings, Inc. Term Loan B3, 5.095%, (US0001M + 2.750%), 02/02/25   5,720,120    0.7 
900,000    Peak 10, Inc. 2017 2nd Lien Term Loan, 9.791%, (US0003M + 7.250%), 08/01/25   872,438    0.1 
4,547,150    PI US MergerCo, Inc. USD 2017 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 12/20/24   4,473,259    0.5 
4,065,154    Pre-Paid Legal Services, Inc. 2018 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 05/01/25   4,044,828    0.5 
205,000    Pre-Paid Legal Services, Inc. 2018 2nd Lien Term Loan, 9.845%, (US0001M + 7.500%), 05/01/26   205,000    0.0 
488,775    PricewaterhouseCoopers LLP 2018 Term Loan, 5.595%, (US0001M + 3.250%), 05/01/25   485,109    0.1 
572,125    Prometric Holdings, Inc. 1st Lien Term Loan, 5.350%, (US0001M + 3.000%), 01/29/25   568,549    0.1 
4,037,650    Red Ventures, LLC 2018 Term Loan B, 5.315%, (US0003M + 3.000%), 11/08/24   4,019,626    0.5 
250,000    Renaissance Holding Corp. 2018 2nd Lien Term Loan, 9.345%, (US0001M + 7.000%), 05/29/26   244,375    0.0 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Business Equipment & Services: (continued)
1,416,450   Renaissance Learning, Inc. 2018 Add On Term Loan, 5.595%, (US0001M + 3.250%), 05/30/25  $1,398,744    0.2 
1,702,138    Research Now Group, Inc. 2017 1st Lien Term Loan, 7.845%, (US0001M + 5.500%), 12/20/24   1,698,946    0.2 
1,600,000    Sandvine Corporation 2018 1st Lien Term Loan, 6.807%, (US0001M + 4.500%), 11/02/25   1,598,000    0.2 
2,439,342    Solera Holdings, Inc. USD Term Loan B, 5.095%, (US0001M + 2.750%), 03/03/23   2,410,755    0.3 
4,266,228    Spin Holdco Inc. 2017 Term Loan B, 5.686%, (US0003M + 3.250%), 11/14/22   4,196,902    0.5 
2,065,000    SSH Group Holdings, Inc. 2018 1st Lien Term Loan, 6.770%, (US0003M + 4.250%), 07/30/25   2,049,513    0.2 
4,927,781    Staples, Inc. 2017 Term Loan B, 6.541%, (US0003M + 4.000%), 09/12/24   4,857,826    0.6 
2,203,699    Stiphout Finance LLC USD 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 10/26/22   2,225,736    0.3 
1,437,333    SurveyMonkey Inc. 2018 Term Loan B, 6.100%, (US0001M + 3.750%), 04/13/24   1,433,740    0.2 
678,223    TMK Hawk Parent Corp. 2017 1st Lien Term Loan, 5.850%, (US0001M + 3.500%), 08/28/24   643,747    0.1 
400,950    USS Ultimate Holdings, Inc. 1st Lien Term Loan, 6.095%, (US0001M + 3.750%), 08/25/24   399,697    0.0 
3,615,000    Verifone Systems, Inc. 2018 1st Lien Term Loan, 6.645%, (US0003M + 4.000%), 08/20/25   3,590,147    0.4 
485,000    Verifone Systems, Inc. 2018 2nd Lien Term Loan, 10.645%, (US0003M + 8.000%), 08/20/26   481,969    0.1 
EUR  4,255,000    Verisure Holding AB EUR Term Loan B1E, 3.000%, (EUR003M + 3.000%), 10/20/22   4,765,476    0.6 
3,095,962     Verra Mobility Corporation 2018 1st Lien Term Loan, 6.095%, (US0001M + 3.750%), 02/28/25   3,102,250    0.4 
4,305,000     Verscend Holding Corp. 2018 Term Loan B, 6.845%, (US0001M + 4.500%), 08/27/25   4,290,199    0.5 
Principal Amount†     Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
      Business Equipment & Services: (continued)
6,101,406    West Corporation 2017 Term Loan, 6.526%, (US0003M + 4.000%), 10/10/24  $6,030,380    0.7 
1,860,338     West Corporation 2018 Term Loan B1, 6.026%, (US0003M + 3.500%), 10/10/24   1,817,483    0.2 
2,335,000     Yak Access, LLC 2018 1st Lien Term Loan B, 7.318%, (US0001M + 5.000%), 07/02/25   2,148,200    0.3 
525,000     Yak Access, LLC 2018 2nd Lien Term Loan B, 12.318%, (US0001M + 10.000%), 06/13/26   483,000    0.1 
          151,749,263    18.6 
                 
      Cable & Satellite Television: 3.6%
1,960,150     CSC Holdings LLC, 4.557%, (US0001M + 2.250%), 07/17/25   1,930,013    0.2 
3,711,350     CSC Holdings, LLC 2018 Term Loan B, 4.807%, (US0001M + 2.500%), 01/25/26   3,662,639    0.5 
EUR 985,000     Numericable Group SA EUR Term Loan B11, 3.000%, (EUR003M + 3.000%), 07/31/25   1,082,827    0.1 
4,728,000     Numericable Group SA USD Term Loan B11, 5.095%, (US0001M + 2.750%), 07/31/25   4,429,545    0.5 
7,212,284     Radiate Holdco, LLC 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 02/01/24   7,086,069    0.9 
1,727,339     Telesat Canada Term Loan B4, 4.890%, (US0003M + 2.500%), 11/17/23   1,700,349    0.2 
2,915,190     UPC Financing Partnership USD Term Loan AR, 4.807%, (US0001M + 2.500%), 01/15/26   2,884,216    0.4 
4,125,000     Virgin Media Bristol LLC USD Term Loan K, 4.807%, (US0001M + 2.500%), 01/15/26   4,080,207    0.5 
2,870,935     WideOpenWest Finance LLC 2017 Term Loan B, 5.553%, (US0001M + 3.250%), 08/18/23   2,730,081    0.3 
          29,585,946    3.6 
                 
      Chemicals & Plastics: 5.9%
EUR 1,224,982     Allnex (Luxembourg) & Cy S.C.A. 2016 EUR Term Loan B1, 3.250%, (EUR003M + 3.250%), 09/13/23   1,381,602    0.2 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Chemicals & Plastics: (continued)
1,757,584   Allnex (Luxembourg) & Cy S.C.A. 2016 USD Term Loan B2, 5.955%, (US0003M + 3.250%), 09/13/23  $1,750,993    0.2 
1,324,155    Allnex USA, Inc. USD Term Loan B3, 5.955%, (US0003M + 3.250%), 09/13/23   1,319,190    0.2 
2,600,721    Alpha 3 B.V. 2017 Term Loan B1, 5.386%, (US0003M + 3.000%), 01/31/24   2,584,466    0.3 
6,040,018    Avantor, Inc. 2017 1st Lien Term Loan, 6.072%, (US0001M + 3.750%), 11/21/24   6,042,850    0.7 
EUR 992,500    Avantor, Inc. EUR 2017 1st Lien Term Loan, 3.750%, (EUR001M + 3.750%), 11/21/24   1,125,716    0.1 
2,094,750    Composite Resins Holding B.V. 2018 Term Loan B, 6.832%, (US0003M + 4.250%), 08/01/25   2,079,039    0.3 
EUR   992,500    Diamond (BC) B.V. EUR Term Loan, 3.250%, (EUR003M + 3.250%), 09/06/24   1,096,455    0.1 
4,369,562    Diamond (BC) B.V. USD Term Loan, 5.526%, (US0003M + 3.000%), 09/06/24   4,260,323    0.5 
2,204,400    Emerald Performance Materials, LLC New 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 08/01/21   2,194,298    0.3 
1,893,939    Emerald Performance Materials, LLC New 2nd Lien Term Loan, 10.095%, (US0001M + 7.750%), 08/01/22   1,895,123    0.2 
2,187,766    Encapsys, LLC 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 11/07/24   2,165,888    0.3 
EUR 2,000,000    Klockner-Pentaplast of America, Inc. EUR 2017 Term Loan B1, 4.750%, (EUR003M + 4.750%), 06/30/22   1,985,892    0.2 
2,466,588    MacDermid, Inc. USD Term Loan B6, 5.345%, (US0001M + 3.000%), 06/07/23   2,472,242    0.3 
3,302,974    Plaskolite, Inc. 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 11/03/22   3,298,846    0.4 
2,365,000    Platform Specialty Products Corporation Term Loan, 4.986%, (US0003M + 2.250%), 11/15/25   2,345,784    0.3 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Chemicals & Plastics: (continued)
721,134   PQ Corporation 2018 Term Loan B, 5.027%, (US0003M + 2.500%), 02/08/25  $712,840    0.1 
1,685,000    Schenectady International Group Inc. 2018 1st Lien Term Loan, 7.186%, (US0003M + 4.750%), 10/15/25   1,668,150    0.2 
1,690,763    Solenis International, LP 2018 1st Lien Term Loan, 6.706%, (US0003M + 4.000%), 12/26/23   1,674,912    0.2 
2,135,000    Starfruit Finco B.V 2018 USD Term Loan B, 5.549%, (US0001M + 3.250%), 10/01/25   2,108,633    0.3 
749,376    Tronox Blocked Borrower LLC Term Loan B, 5.345%, (US0001M + 3.000%), 09/23/24   743,053    0.1 
1,729,330    Tronox Finance LLC Term Loan B, 5.345%, (US0001M + 3.000%), 09/23/24   1,714,738    0.2 
1,611,167    Univar Inc. 2017 USD Term Loan B, 4.595%, (US0001M + 2.250%), 07/01/24   1,584,986    0.2 
         48,206,019    5.9 
                
     Clothing/Textiles: 0.5%
3,781,079    Varsity Brands, Inc. 2017 Term Loan B, 5.845%, (US0001M + 3.500%), 12/15/24   3,773,202    0.5 
                
     Containers & Glass Products: 5.4%
EUR  1,000,000    Albea Beauty Holdings S.A 2018 EUR Term Loan, 3.000%, (EUR006M + 3.000%), 04/22/24   1,127,147    0.1 
1,467,625    Albea Beauty Holdings S.A 2018 USD Term Loan B2, 5.634%, (US0006M + 2.750%), 04/22/24   1,454,783    0.2 
1,216,950    Ball Metalpack, LLC 2018 1st Lien Term Loan B, 6.845%, (US0001M + 4.500%), 07/24/25   1,215,429    0.2 
635,888    Berlin Packaging LLC 2018 1st Lien Term Loan, 5.317%, (US0003M + 3.000%), 11/07/25   627,409    0.1 
3,508,518    BWAY Holding Company 2017 Term Loan B, 5.658%, (US0003M + 3.250%), 04/03/24   3,422,268    0.4 
891,017    Consolidated Container Company LLC 2017 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 05/22/24   882,664    0.1 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Containers & Glass Products: (continued)
2,689,050   Flex Acquisition Company, Inc. 1st Lien Term Loan, 5.299%, (US0001M + 3.000%), 12/29/23  $2,636,614    0.3 
4,643,363    Flex Acquisition Company, Inc. 2018 Incremental Term Loan, 5.549%, (US0001M + 3.250%), 06/29/25   4,581,838    0.6 
EUR   2,781,818    Horizon Holdings III SAS EUR Term Loan B4, 2.750%, (EUR001M + 2.750%), 10/29/22   3,121,460    0.4 
941,561    Milacron LLC Amended Term Loan B, 4.845%, (US0001M + 2.500%), 09/28/23   926,237    0.1 
1,880,288    Pelican Products, Inc. 2018 1st Lien Term Loan, 5.814%, (US0001M + 3.500%), 05/01/25   1,867,361    0.2 
225,000    Pelican Products, Inc. 2018 2nd Lien Term Loan, 10.064%, (US0001M + 7.750%), 05/01/26   226,687    0.0 
1,774,895    Proampac PG Borrower LLC First Lien Term Loan, 5.984%, (US0003M + 3.500%), 11/18/23   1,752,708    0.2 
460,000    Proampac PG Borrower LLC Second Lien Term Loan, 11.145%, (US0003M + 8.500%), 11/18/24   453,100    0.1 
10,595,289    Reynolds Group Holdings Inc. USD 2017 Term Loan, 5.095%, (US0001M + 2.750%), 02/05/23   10,514,881    1.3 
2,823,660    Ring Container Technologies Group, LLC 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 10/31/24   2,795,423    0.3 
2,024,480    Titan Acquisition Limited 2018 Term Loan B, 5.345%, (US0001M + 3.000%), 03/28/25   1,902,380    0.2 
2,936,887    TricorBraun Holdings, Inc First Lien Term Loan, 6.136%, (US0003M + 3.750%), 11/30/23   2,929,545    0.4 
295,931    TricorBraun Holdings, Inc. 1st Lien Delayed Draw Term Loan, 6.103%, (US0003M + 3.750%), 11/30/23   295,191    0.0 
1,271,184    Trident TPI Holdings, Inc. 2017 USD Term Loan B1, 5.595%, (US0001M + 3.250%), 10/17/24   1,255,294    0.2 
         43,988,419    5.4 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Cosmetics/Toiletries: 0.8%
2,420,000   Anastasia Parent, LLC 2018 Term Loan B, 6.068%, (US0001M + 3.750%), 08/11/25  $2,387,734    0.3 
2,113,453    Rodan & Fields, LLC 2018 Term Loan B, 6.307%, (US0001M + 4.000%), 06/06/25   1,923,242    0.2 
2,565,227    Wellness Merger Sub, Inc. 1st Lien Term Loan, 6.957%, (US0003M + 4.250%), 06/30/24   2,531,559    0.3 
         6,842,535    0.8 
                
     Diversified Financial Services: 0.1%
805,600    Blucora, Inc. 2017 Term Loan B, 5.345%, (US0001M + 3.000%), 05/22/24   806,271    0.1 
                
     Drugs: 1.8%
3,599,293    Alvogen Pharma US, Inc. 2018 Term Loan B, 7.090%, (US0001M + 4.750%), 04/02/22   3,556,551    0.4 
4,712,326    Amneal Pharmaceuticals LLC 2018 Term Loan B, 5.875%, (US0001M + 3.500%), 05/04/25   4,709,357    0.6 
3,952,513    Endo Luxembourg Finance Company I S.a r.l. 2017 Term Loan B, 6.625%, (US0001M + 4.250%), 04/29/24   3,949,528    0.5 
1,154,860    Horizon Pharma, Inc. 2018 Term Loan B, 5.375%, (US0001M + 3.000%), 03/29/24   1,148,726    0.1 
EUR 219,893    Nidda Healthcare Holding AG EUR Delayed Draw Term Loan B2, 3.500%, (EUR003M + 3.500%), 08/21/24   243,599    0.0 
EUR 379,538    Nidda Healthcare Holding AG EUR Term Loan B1, 3.500%, (EUR003M + 3.500%), 08/21/24   420,456    0.1 
EUR 710,569    Nidda Healthcare Holding AG EUR Term Loan C, 3.500%, (EUR003M + 3.500%), 08/21/24   787,341    0.1 
         14,815,558    1.8 
                
     Ecological Services & Equipment: 1.6%
3,213,739    4L Holdings, LLC 1st Lien Term Loan, 6.849%, (US0001M + 4.500%), 05/08/20   3,129,379    0.4 
5,791,836    Ads Waste Hldgs Inc Term Loan, 4.475%, (US0001W + 2.250%), 11/10/23   5,735,725    0.7 
3,730,000    GFL Environmental Inc. 2018 USD Term Loan B, 5.736%, (US0003M + 3.000%), 05/30/25   3,643,744    0.4 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Ecological Services & Equipment: (continued)
467,650   Gopher Resource, LLC 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 03/06/25  $468,234    0.1 
         12,977,082    1.6 
                
     Electronics/Electrical: 19.2%
855,700    ABC Financial Services, Inc. 1st Lien Term Loan, 6.565%, (US0001M + 4.250%), 01/02/25   858,909    0.1 
1,541,952    Aptean, Inc. 2017 1st Lien Term Loan, 6.640%, (US0003M + 4.250%), 12/20/22   1,540,988    0.2 
2,281,993    ASG Technologies Group, Inc. 2018 Term Loan, 5.845%, (US0001M + 3.500%), 07/31/24   2,263,927    0.3 
EUR 457,637    Avast Software B.V. 2018 EUR Term Loan B, 2.750%, (EUR003M + 2.750%), 09/30/23   519,224    0.1 
2,888,682    Avast Software B.V. 2018 USD Term Loan B, 4.886%, (US0003M + 2.500%), 09/30/23   2,882,061    0.4 
3,174,050    Barracuda Networks, Inc. 1st Lien Term Loan, 5.553%, (US0001M + 3.250%), 02/12/25   3,148,261    0.4 
285,000    Barracuda Networks, Inc. 2nd Lien Term Loan, 9.553%, (US0001M + 7.250%), 02/12/26   287,375    0.0 
EUR  3,000,000    BMC Software Finance, Inc. 2018 EUR Term Loan B, 4.750%, (EUR003M + 4.750%), 10/02/25   3,404,085    0.4 
7,880,000    BMC Software Finance, Inc. 2018 USD Term Loan B, 6.648%, (US0003M + 4.250%), 10/02/25   7,798,962    1.0 
645,000    Bomgar Corporation 1st Lien Term Loan, 6.386%, (US0003M + 4.000%), 04/18/25   641,775    0.1 
1,830,000    Cohu, Inc. 2018 Term Loan B, 5.396%, (US0003M + 3.000%), 09/20/25   1,802,550    0.2 
1,165,000    Compuware Corporation 2018 Term Loan B, 5.815%, (US0001M + 3.500%), 08/22/25   1,165,242    0.1 
2,715,000    Dynatrace LLC 2018 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 08/22/25   2,706,516    0.3 
1,690,000    EagleView Technology Corporation 2018 Add On Term Loan B, 5.807%, (US0001M + 3.500%), 08/14/25   1,674,156    0.2 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Electronics/Electrical: (continued)
573,563   Electrical Components International, Inc. 2018 1st Lien Term Loan, 6.636%, (US0003M + 4.250%), 06/26/25  $579,298    0.1 
5,223,283    Epicor Software Corporation 1st Lien Term Loan, 5.600%, (US0001M + 3.250%), 06/01/22   5,165,608    0.6 
1,257,300    Exact Merger Sub LLC 1st Lien Term Loan, 6.636%, (US0003M + 4.250%), 09/27/24   1,258,086    0.2 
6,411,772    Go Daddy Operating Company, LLC 2017 Repriced Term Loan, 4.595%, (US0001M + 2.250%), 02/15/24   6,353,668    0.8 
EUR  1,965,200    Greeneden U.S. Holdings II, LLC 2018 EUR Term Loan B, 3.500%, (EUR003M + 3.500%), 12/01/23   2,227,584    0.3 
2,127,403    Greeneden U.S. Holdings II, LLC 2018 USD Term Loan B, 5.595%, (US0001M + 3.250%), 12/01/23   2,110,384    0.3 
5,146,005    Hyland Software, Inc. 2018 Term Loan 3, 5.845%, (US0001M + 3.500%), 07/01/24   5,122,421    0.6 
1,040,000    Imperva, Inc. 2nd Lien Term Loan, 10.486%, (US0003M + 7.750%), 11/20/26   1,043,900    0.1 
2,105,000    Imperva, Inc. Term Loan, 6.736%, (US0003M + 4.000%), 11/07/25   2,097,106    0.3 
4,985,615    Informatica Corporation 2018 USD Term Loan, 5.595%, (US0001M + 3.250%), 08/05/22   4,979,383    0.6 
6,107,426    Kronos Incorporated 2017 Term Loan B, 5.541%, (US0003M + 3.000%), 11/01/23   6,042,186    0.7 
965,000    Lumentum Holdings 2018 1st Lien Term Loan, 5.236%, (US0003M + 2.500%), 08/07/25   956,556    0.1 
753,984    MA FinanceCo., LLC USD Term Loan B3, 4.845%, (US0001M + 2.500%), 06/21/24   740,789    0.1 
416,118    MaxLinear, Inc. Term Loan B, 4.807%, (US0001M + 2.500%), 05/12/24   411,426    0.1 
770,000    McAfee, LLC 2017 2nd Lien Term Loan, 10.849%, (US0001M + 8.500%), 09/29/25   780,010    0.1 
6,758,275    McAfee, LLC 2018 USD Term Loan B, 6.099%, (US0001M + 3.750%), 09/30/24   6,758,275    0.8 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Electronics/Electrical: (continued)
6,102,730   MH Sub I, LLC 2017 1st Lien Term Loan, 6.056%, (US0001M + 3.750%), 09/13/24  $6,056,960    0.7 
1,510,000    MH Sub I, LLC 2017 2nd Lien Term Loan, 9.806%, (US0001M + 7.500%), 09/15/25   1,506,225    0.2 
935,000    Navex TopCo, Inc. 2018 1st Lien Term Loan, 5.600%, (US0001M + 3.250%), 09/05/25   926,234    0.1 
210,000    Navex TopCo, Inc. 2018 2nd Lien Term Loan, 9.350%, (US0001M + 7.000%), 09/05/26   209,737    0.0 
1,999,156    Optiv Security, Inc. 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 02/01/24   1,912,527    0.2 
3,355,000    PowerSchool 2018 Term Loan B, 5.564%, (US0001M + 3.250%), 08/01/25   3,308,869    0.4 
5,210,000    Quest Software US Holdings Inc. 2018 1st Lien Term Loan, 6.777%, (US0003M + 4.250%), 05/16/25   5,214,887    0.6 
1,610,000    Quest Software US Holdings Inc. 2018 2nd Lien Term Loan, 10.777%, (US0003M + 8.250%), 05/16/26   1,601,950    0.2 
6,396,914    Rackspace Hosting, Inc. 2017 Incremental 1st Lien Term Loan, 5.581%, (US0003M + 3.000%), 11/03/23   5,929,939    0.7 
4,792,135    Riverbed Technology, Inc. 2016 Term Loan, 5.600%, (US0001M + 3.250%), 04/24/22   4,631,259    0.6 
890,000    Rocket Software, Inc. 2018 2nd Lien Term Loan, 10.597%, (US0001M + 8.250%), 11/20/26   886,106    0.1 
3,200,000    Rocket Software, Inc. 2018 Term Loan, 6.597%, (US0001M + 4.250%), 11/28/25   3,186,800    0.4 
970,923    Rovi Solutions Corporation Term Loan B, 4.850%, (US0001M + 2.500%), 07/02/21   961,942    0.1 
4,421,250    RP Crown Parent LLC Term Loan B, 5.095%, (US0001M + 2.750%), 10/12/23   4,358,614    0.5 
5,091,841    Seattle Spinco, Inc. USD Term Loan B3, 4.845%, (US0001M + 2.500%), 06/21/24   5,004,322    0.6 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Electronics/Electrical: (continued)
EUR  1,000,000   SGB-SMIT Management GmbH EUR Term Loan B, 4.000%, (EUR006M + 4.000%), 07/18/24  $956,625    0.1 
4,809,162    SkillSoft Corporation 1st Lien Term Loan, 7.095%, (US0001M + 4.750%), 04/28/21   4,406,395    0.5 
5,816,050    SolarWinds Holdings, Inc. 2018 Term Loan B, 5.095%, (US0001M + 2.750%), 02/05/24   5,800,783    0.7 
1,375,000    SonicWALL, Inc. 1st Lien Term Loan, 6.145%, (US0003M + 3.500%), 05/16/25   1,364,687    0.2 
570,000    SonicWALL, Inc. 2nd Lien Term Loan, 10.145%, (US0003M + 7.500%), 05/18/26   565,369    0.1 
1,772,367    SS&C Technologies Holdings Europe S.A.R.L. 2018 Term Loan B4, 4.595%, (US0001M + 2.250%), 04/16/25   1,734,595    0.2 
4,653,382    SS&C Technologies Inc. 2018 Term Loan B3, 4.595%, (US0001M + 2.250%), 04/16/25   4,554,209    0.6 
2,080,000    TriTech Software Systems 2018 Term Loan B, 6.095%, (US0001M + 3.750%), 08/29/25   2,066,351    0.3 
3,506,001    TTM Technologies, Inc. 2017 Term Loan, 4.799%, (US0001M + 2.500%), 09/28/24   3,418,351    0.4 
5,474,891    Veritas Bermuda Ltd. USD Repriced Term Loan B, 6.855%, (US0001M + 4.500%), 01/27/23   4,940,109    0.6 
855,833    Web.com Group, Inc. 2018 2nd Lien Term Loan, 10.170%, (US0003M + 7.750%), 10/09/26   853,694    0.1 
1,800,000    Web.com Group, Inc. 2018 Term Loan B, 6.170%, (US0003M + 3.750%), 10/10/25   1,786,500    0.2 
1,976,000    Xperi Corporation 2018 Term Loan B1, 4.845%, (US0001M + 2.500%), 12/01/23   1,950,065    0.2 
         157,414,815    19.2 
                
     Entertainment: 0.3%
2,873,152    Twin River Management Group, Inc. Term Loan, 5.837%, (US0001M + 3.500%), 07/10/20   2,865,969    0.3 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Financial Intermediaries: 3.4%
1,775,000   Advisor Group, Inc. 2018 Term Loan, 6.053%, (US0001M + 3.750%), 08/15/25  $1,776,109    0.2 
1,551,113    Blackhawk Network Holdings, Inc 2018 1st Lien Term Loan, 5.386%, (US0003M + 3.000%), 06/15/25   1,536,377    0.2 
2,345,000    DTZ U.S. Borrower LLC 2018 Add On Term Loan B, 5.595%, (US0001M + 3.250%), 08/21/25   2,313,478    0.3 
3,703,894    Duff & Phelps Corporation 2017 Term Loan B, 5.595%, (US0001M + 3.250%), 02/13/25   3,668,707    0.5 
4,745,000    Edelman Financial Center, LLC 2018 1st Lien Term Loan, 5.686%, (US0003M + 3.250%), 07/21/25   4,711,192    0.6 
560,000    Edelman Financial Center, LLC 2018 2nd Lien Term Loan, 9.186%, (US0003M + 6.750%), 07/20/26   554,400    0.1 
5,235,000    First Eagle Investment Management, LLC 2018 Term Loan B, 5.141%, (US0003M + 2.750%), 12/26/24   5,244,816    0.6 
1,821,423    Focus Financial Partners, LLC 2018 Incremental Term Loan, 4.845%, (US0001M + 2.500%), 07/03/24   1,808,900    0.2 
5,273,384    LPL Holdings, Inc. 2017 1st Lien Term Loan B, 4.550%, (US0001M + 2.250%), 09/23/24   5,238,184    0.6 
863,409    Priority Payment Systems LLC Term Loan, 7.350%, (US0001M + 5.000%), 01/03/23   864,488    0.1 
         27,716,651    3.4 
                
     Food Products: 3.2%
2,320,000    8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan, 6.049%, (US0001M + 3.750%), 10/01/25   2,321,933    0.3 
205,000    8th Avenue Food & Provisions, Inc. 2018 2nd Lien Term Loan, 10.049%, (US0001M + 7.750%), 09/20/26   205,000    0.0 
1,257,300    Atkins Nutritionals Holdings II, Inc. 2017 Term Loan B, 5.817%, (US0001M + 3.500%), 07/07/24   1,263,586    0.2 
872,813    CH Guenther & Son, Incorporated 2018 Term Loan B, 5.095%, (US0001M + 2.750%), 03/31/25   862,972    0.1 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Food Products: (continued)
1,456,492   Del Monte Foods, Inc. 1st Lien Term Loan, 5.907%, (US0003M + 2.250%), 02/18/21  $1,250,763    0.1 
6,621,775    IRB Holding Corp 1st Lien Term Loan, 5.568%, (US0001M + 3.250%), 02/05/25   6,564,523    0.8 
7,176,111    JBS USA, LLC 2017 Term Loan B, 4.844%, (US0003M + 2.500%), 10/30/22   7,106,029    0.9 
1,747,875    NPC International, Inc. 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 04/19/24   1,677,960    0.2 
605,000    NPC International, Inc. 2nd Lien Term Loan, 9.845%, (US0001M + 7.500%), 04/18/25   594,412    0.1 
EUR 2,785,000    Sigma Bidco B.V. 2018 EUR Term Loan B, 3.500%, (EUR003M + 3.500%), 07/02/25   3,116,114    0.4 
EUR  1,000,000    Valeo F1 Company Limited (Ireland) 2017 EUR Term Loan B, 3.750%, (EUR003M + 3.750%), 08/27/24   1,123,609    0.1 
         26,086,901    3.2 
                
     Food Service: 2.6%
4,307,458    1011778 B.C. Unlimited Liability Company Term Loan B3, 4.595%, (US0003M + 2.250%), 02/16/24   4,219,512    0.5 
363,102    CEC Entertainment Concepts, L.P. Term Loan, 5.599%, (US0001M + 3.250%), 02/14/21   348,578    0.0 
1,172,063    Del Friscos Restaurant Group, Inc. 2018 Incremental Term Loan, 8.345%, (US0001M + 6.000%), 06/27/25   1,119,320    0.1 
2,059,838    Dhanani Group Inc. 2018 Term Loan B, 6.095%, (US0001M + 3.750%), 07/20/25   2,039,239    0.3 
1,306,725    Flynn Restaurant Group LP 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 06/27/25   1,274,057    0.2 
568,575    Fogo de Chao Churrascaria Holdings LLC 2018 Add On Term Loan, 6.595%, (US0001M + 4.250%), 04/05/25   568,575    0.1 
4,827,778    Golden Nugget, Inc. 2017 Incremental Term Loan B, 5.231%, (US0003M + 2.750%), 10/04/23   4,770,448    0.6 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Food Service: (continued)
2,229,413   Hearthside Food Solutions, LLC 2018 Term Loan B, 6.032%, (US0001M + 3.688%), 05/23/25  $2,176,464    0.3 
721,375    K-Mac Holdings Corp 2018 1st Lien Term Loan, 5.556%, (US0001M + 3.250%), 03/14/25   710,254    0.1 
395,000    K-Mac Holdings Corp 2018 2nd Lien Term Loan, 9.056%, (US0001M + 6.750%), 03/16/26   394,012    0.0 
1,696,475    Tacala, LLC 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 01/31/25   1,671,735    0.2 
345,000    Tacala, LLC 2nd Lien Term Loan, 9.345%, (US0001M + 7.000%), 01/30/26   346,725    0.0 
1,901,202    Welbilt, Inc. 2018 Term Loan B, 4.845%, (US0001M + 2.500%), 10/23/25   1,879,814    0.2 
         21,518,733    2.6 
                
     Food/Drug Retailers: 2.5%
2,748,713    Albertsons, LLC Term Loan B7, 5.445%, (US0003M + 3.000%), 11/17/25   2,691,449    0.3 
4,467,172    Albertsons, LLC USD 2017 Term Loan B6, 5.691%, (US0003M + 3.000%), 06/22/23   4,394,581    0.5 
1,488,697    Alphabet Holding Company, Inc. 2017 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 09/26/24   1,404,493    0.2 
1,165,000    Alphabet Holding Company, Inc. 2017 2nd Lien Term Loan, 10.095%, (US0001M + 7.750%), 09/26/25   1,039,034    0.1 
EUR  1,000,000    CD&R Firefly Bidco Limited 2018 EUR Term Loan B2, 3.500%, (EUR003M + 3.500%), 06/23/25   1,131,747    0.1 
2,790,975    EG Finco Limited 2018 USD Term Loan, 6.386%, (US0003M + 4.000%), 02/07/25   2,769,172    0.4 
522,375    EG Group Limited 2018 USD Term Loan B, 6.386%, (US0003M + 4.000%), 02/07/25   520,416    0.1 
4,074,974    Moran Foods LLC Term Loan, 8.345%, (US0001M + 6.000%), 12/05/23   2,220,861    0.3 
1,950,000    Smart & Final Stores LLC 1st Lien Term Loan, 5.845%, (US0001M + 3.500%), 11/15/22   1,859,813    0.2 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Food/Drug Retailers: (continued)
2,360,000   United Natural Foods, Inc. Term Loan B, 6.595%, (US0001M + 4.250%), 10/22/25  $2,230,200    0.3 
         20,261,766    2.5 
                
     Forest Products: 0.3%
2,865,625    Blount International Inc. 2018 Term Loan B, 6.095%, (US0001M + 3.750%), 04/12/23   2,870,998    0.3 
                
     Health Care: 16.1%
1,958,346    Acadia Healthcare Company, Inc. 2018 Term Loan B4, 4.845%, (US0001M + 2.500%), 02/16/23   1,943,659    0.2 
3,630,900    ADMI Corp. 2018 Term Loan B, 5.345%, (US0001M + 3.000%), 04/30/25   3,615,770    0.4 
2,085,670    Air Methods Corporation 2017 Term Loan B, 5.886%, (US0003M + 3.500%), 04/21/24   1,781,291    0.2 
790,000    Athletico Management, LLC Term Loan B, 5.799%, (US0003M + 3.500%), 10/31/25   793,950    0.1 
2,862,839    ATI Holdings Acquisition, Inc. 2016 Term Loan, 5.807%, (US0001M + 3.500%), 05/10/23   2,853,297    0.4 
5,122,211    Auris Luxembourg III S.a.r.l. 2017 USD Term Loan B7, 5.386%, (US0003M + 3.000%), 01/17/22   5,109,406    0.6 
3,825,000    Auris Luxembourg III S.a.r.l. 2018 USD Term Loan B, 6.486%, (US0003M + 3.750%), 07/20/25   3,821,814    0.5 
1,548,112    Carestream Dental Equiment, Inc 2017 1st Lien Term Loan B, 5.636%, (US0003M + 3.250%), 09/01/24   1,524,891    0.2 
8,163,998    Change Healthcare Holdings LLC 2017 Term Loan B, 5.095%, (US0001M + 2.750%), 03/01/24   8,075,067    1.0 
5,162,832    CHG Healthcare Services Inc. 2017 1st Lien Term Loan B, 5.461%, (US0003M + 3.000%), 06/07/23   5,145,408    0.6 
EUR  1,000,000    Cidron Atrium SE 2018 EUR Term Loan B, 3.500%, (EUR006M + 3.500%), 04/16/25   1,134,931    0.1 
602,375    Commerce Merger Sub, Inc. 2017 1st Lien Term Loan, 5.636%, (US0003M + 3.250%), 06/28/24   592,586    0.1 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Health Care: (continued)
2,329,363   Concentra Inc. 2018 1st Lien Term Loan, 5.070%, (US0001M + 2.750%), 06/01/22  $2,310,409    0.3 
EUR   1,000,000    Constantin Investissement 4 EUR Term Loan B, 3.500%, (EUR003M + 3.500%), 04/22/24   1,132,949    0.1 
347,458 (1)  DentalCorp Perfect Smile ULC 1st Lien Delayed Draw Term Loan, 6.095%, (US0001M + 3.750%), 06/06/25   347,675    0.0 
1,387,227    DentalCorp Perfect Smile ULC 1st Lien Term Loan, 6.095%, (US0001M + 3.750%), 06/06/25   1,388,094    0.2 
746,938    Diplomat Pharmacy, Inc. 2017 Term Loan B, 6.850%, (US0001M + 4.500%), 12/20/24   750,205    0.1 
11,730,000    Envision Healthcare Corporation 2018 1st Lien Term Loan, 6.095%, (US0001M + 3.750%), 10/10/25   11,287,193    1.4 
3,883,701    ExamWorks Group, Inc. 2017 Term Loan, 5.595%, (US0001M + 3.250%), 07/27/23   3,876,419    0.5 
7,702,853    Global Medical Response, Inc. 2018 Term Loan B1, 5.568%, (US0001M + 3.250%), 04/28/22   7,405,808    0.9 
1,825,000    GoodRx, Inc. 1st Lien Term Loan, 5.318%, (US0001M + 3.000%), 10/10/25   1,818,156    0.2 
1,665,701    Greenway Health, LLC 2017 1st Lien Term Loan, 6.140%, (US0003M + 3.750%), 02/14/24   1,659,454    0.2 
2,359,063    Grifols Worldwide Operations USA, Inc. 2017 Acquisition Term Loan, 4.475%, (US0001W + 2.250%), 01/31/25   2,342,990    0.3 
2,658,338    Inovalon Holdings, Inc. 2018 Term Loan B, 5.875%, (US0001M + 3.500%), 04/02/25   2,643,937    0.3 
4,369,398    Jaguar Holding Company II 2018 Term Loan, 4.845%, (US0001M + 2.500%), 08/18/22   4,309,319    0.5 
1,293,600    Kinetic Concepts, Inc. 2017 USD Term Loan B, 5.636%, (US0003M + 3.250%), 02/02/24   1,290,366    0.2 
1,130,000    Lifescan Global Corporation 2018 1st Lien Term Loan, 8.396%, (US0003M + 6.000%), 09/27/24   1,088,096    0.1 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Health Care: (continued)
2,761,412   MPH Acquisition Holdings LLC 2016 Term Loan B, 5.136%, (US0003M + 2.750%), 06/07/23  $2,715,029    0.3 
1,951,509    nThrive, Inc. 2016 1st Lien Term Loan, 6.845%, (US0001M + 4.500%), 10/20/22   1,958,421    0.2 
1,381,050    Ortho-Clinical Diagnostics SA 2018 Term Loan B, 5.576%, (US0003M + 3.250%), 06/30/25   1,348,990    0.2 
4,609,440    Parexel International Corporation Term Loan B, 5.095%, (US0001M + 2.750%), 09/27/24   4,489,595    0.6 
2,059,690    Pearl Intermediate Parent LLC 2018 1st Lien Term Loan, 5.056%, (US0001M + 2.750%), 02/14/25   1,982,451    0.2 
100,000    Pearl Intermediate Parent LLC 2018 2nd Lien Term Loan, 8.556%, (US0001M + 6.250%), 02/13/26   99,750    0.0 
608,414 (1)  Pearl Intermediate Parent LLC 2018 Delayed Draw Term Loan, 5.057%, (US0001M + 2.750%), 02/14/25   585,598    0.1 
2,902,919    PharMerica Corporation 1st Lien Term Loan, 5.807%, (US0001M + 3.500%), 12/06/24   2,888,404    0.4 
1,129,875    Press Ganey Holdings, Inc. 2018 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 10/23/23   1,118,929    0.1 
101,124    Press Ganey Holdings, Inc. 2nd Lien Term Loan, 8.845%, (US0001M + 6.500%), 10/21/24   101,630    0.0 
2,668,672    Prospect Medical Holdings, Inc. 2018 Term Loan B, 7.875%, (US0001M + 5.500%), 02/22/24   2,678,679    0.3 
2,360,000    RegionalCare Hospital Partners Holdings, Inc. 2018 Term Loan B, 7.236%, (US0003M + 4.500%), 11/16/25   2,321,650    0.3 
3,324,375    Select Medical Corporation 2017 Term Loan B, 4.811%, (US0001M + 1.500%), 03/06/25   3,309,831    0.4 
5,765,833    Sotera Health Holdings, LLC 2017 Term Loan, 5.345%, (US0001M + 3.000%), 05/15/22   5,711,778    0.7 
3,818,981    Surgery Center Holdings, Inc. 2017 Term Loan B, 5.600%, (US0001M + 3.250%), 09/02/24   3,772,435    0.5 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Health Care: (continued)
3,166,775   Team Health Holdings, Inc. 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 02/06/24  $2,960,935    0.4 
928,250    Tecomet Inc. 2017 Repriced Term Loan, 5.815%, (US0001M + 3.500%), 05/01/24   920,128    0.1 
2,167,999    U.S. Anesthesia Partners, Inc. 2017 Term Loan, 5.345%, (US0001M + 3.000%), 06/23/24   2,163,483    0.3 
2,813,380    U.S. Renal Care, Inc. 2015 1st Lien Term Loan, 6.636%, (US0003M + 4.250%), 12/30/22   2,777,509    0.3 
810,000    Universal Hospital Services, Inc. Delayed Draw Term Loan, 5.736%, (US0003M + 3.000%), 10/18/25   807,975    0.1 
4,685,378    Valeant Pharmaceuticals International, Inc. 2018 Term Loan B, 5.314%, (US0001M + 3.000%), 06/02/25   4,644,381    0.6 
638,150    Vizient, Inc. 1st Lien Term Loan B, 5.087%, (US0001M + 2.750%), 02/13/23   637,019    0.1 
962,725    Wink Holdco, Inc 1st Lien Term Loan B, 5.345%, (US0001M + 3.000%), 12/02/24   950,691    0.1 
575,000    Wink Holdco, Inc 2nd Lien Term Loan B, 9.100%, (US0001M + 6.750%), 11/03/25   566,375    0.1 
         131,554,806    16.1 
                
     Home Furnishings: 0.8%
6,487,099    Prime Security Services Borrower, LLC 2016 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 05/02/22   6,429,176    0.8 
                
     Industrial Equipment: 3.0%
1,790,072    Accudyne Industries, LLC 2017 Term Loan, 5.345%, (US0001M + 3.000%), 08/18/24   1,767,696    0.2 
EUR  1,000,000    Averys 2018 EUR 1st Lien Term Loan B, 3.750%, (EUR003M + 3.750%), 09/29/25   1,138,233    0.1 
6,180,494    Cortes NP Acquisition Corporation 2017 Term Loan B, 6.707%, (US0003M + 4.000%), 11/30/23   6,010,530    0.7 
835,000    CPM Holdings, Inc. 2018 1st Lien Term Loan, 6.057%, (US0001M + 3.750%), 11/15/25   839,175    0.1 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Industrial Equipment: (continued)
1,634,100   EWT Holdings III Corp. 2017 Repriced Term Loan, 5.345%, (US0001M + 3.000%), 12/20/24  $1,627,972    0.2 
1,088,576    ExGen Renewables IV, LLC Term Loan B, 5.710%, (US0003M + 3.000%), 11/28/24   1,050,476    0.1 
1,213,900    Filtration Group Corporation 2018 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 03/29/25   1,207,641    0.2 
EUR  3,960,000    Gardner Denver, Inc. 2017 EUR Term Loan B, 3.000%, (EUR001M + 3.000%), 07/30/24   4,485,919    0.6 
2,495,396    Gardner Denver, Inc. 2017 USD Term Loan B, 5.095%, (US0001M + 2.750%), 07/30/24   2,486,707    0.3 
1,245,735    Kenan Advantage Group, Inc. 2015 Term Loan, 5.345%, (US0001M + 3.000%), 07/31/22   1,234,446    0.2 
378,827    Kenan Advantage Group, Inc. CAD Term Loan B, 5.345%, (US0001M + 3.000%), 07/31/22   375,394    0.0 
741,275    Robertshaw US Holding Corp 2018 1st Lien Term Loan, 5.875%, (US0001M + 3.500%), 02/28/25   719,037    0.1 
587,050    Safe Fleet Holdings LLC 2018 1st Lien Term Loan, 5.320%, (US0001M + 3.000%), 02/01/25   581,179    0.1 
265,000    Safe Fleet Holdings LLC 2018 2nd Lien Term Loan, 9.070%, (US0001M + 6.750%), 02/01/26   262,681    0.0 
448,875    Shape Technologies Group, Inc. Term Loan, 5.300%, (US0001M + 3.000%), 04/20/25   443,264    0.1 
         24,230,350    3.0 
                
     Insurance: 8.4%
1,025,000    Achilles Acquisition LLC 2018 Term Loan, 6.375%, (US0001M + 4.000%), 10/03/25   1,021,156    0.1 
6,912,706    Acrisure, LLC 2017 Term Loan B, 6.595%, (US0001M + 4.250%), 11/22/23   6,860,861    0.9 
1,735,650    Acrisure, LLC 2018 Term Loan B, 6.095%, (US0001M + 3.750%), 11/22/23   1,717,556    0.2 
1,493,225    Alera Group Holdings, Inc. 2018 Term Loan B, 6.845%, (US0001M + 4.500%), 07/25/25   1,495,091    0.2 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Insurance: (continued)
6,795,509   Alliant Holdings I, Inc. 2018 Term Loan B, 5.057%, (US0001M + 2.750%), 05/09/25  $6,683,193    0.8 
3,831,750    AmWINS Group, Inc. 2017 Term Loan B, 5.088%, (US0001M + 2.750%), 01/25/24   3,801,644    0.5 
2,988,650    Applied Systems, Inc. 2017 1st Lien Term Loan, 5.386%, (US0003M + 3.000%), 09/19/24   2,984,914    0.4 
650,000    Applied Systems, Inc. 2017 2nd Lien Term Loan, 9.386%, (US0003M + 7.000%), 09/19/25   657,150    0.1 
955,000    Aretec Group, Inc. 2018 Term Loan, 6.595%, (US0001M + 4.250%), 10/01/25   950,822    0.1 
5,902,555    AssuredPartners, Inc. 2017 1st Lien Add-On Term Loan, 5.595%, (US0001M + 3.250%), 10/22/24   5,812,541    0.7 
2,330,500    CCC Information Services, Inc. 2017 1st Lien Term Loan, 5.350%, (US0001M + 3.000%), 04/26/24   2,307,922    0.3 
190,000    CCC Information Services, Inc. 2017 2nd Lien Term Loan, 9.095%, (US0001M + 6.750%), 04/27/25   190,475    0.0 
749,120    CH Hold Corp. 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 02/01/24   746,311    0.1 
6,493,725    Hub International Limited 2018 Term Loan B, 5.490%, (US0003M + 2.750%), 04/25/25   6,395,416    0.8 
5,907,750    NFP Corp. Term Loan B, 5.345%, (US0001M + 3.000%), 01/08/24   5,798,457    0.7 
3,350,000    Sedgwick Claims Management Services, Inc. 2018 Term Loan B, 5.986%, (US0003M + 3.250%), 12/31/25   3,316,500    0.4 
3,226,485    Sedgwick, Inc. 1st Lien Term Loan, 5.095%, (US0001M + 2.750%), 03/01/21   3,216,738    0.4 
5,900,000    Sedgwick, Inc. 2nd Lien Term Loan, 8.095%, (US0001M + 5.750%), 02/28/22   5,903,687    0.7 
3,400,650    USI, Inc. 2017 Repriced Term Loan, 5.386%, (US0003M + 3.000%), 05/16/24   3,324,986    0.4 
4,340,000    Vertafore, Inc. 2018 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 07/02/25   4,276,449    0.5 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Insurance: (continued)
1,070,000   Vertafore, Inc. 2018 2nd Lien Term Loan, 9.595%, (US0001M + 7.250%), 07/02/26  $1,062,644    0.1 
         68,524,513    8.4 
                
     Internet: 0.3%          
2,837,888    Shutterfly, Inc., 5.100%, (US0001M + 2.750%), 08/17/24   2,809,509    0.3 
                
     Leisure Good/Activities/Movies: 6.3%
1,581,038    Airxcel, Inc. 2018 1st Lien Term Loan, 6.845%, (US0001M + 4.500%), 04/28/25   1,527,678    0.2 
460,000    Airxcel, Inc. 2018 2nd Lien Term Loan, 11.095%, (US0001M + 8.750%), 04/27/26   441,600    0.1 
1,679,445    ClubCorp Club Operations, Inc. 2017 Incremental Term Loan, 5.136%, (US0003M + 2.750%), 09/18/24   1,629,936    0.2 
4,741,175    Crown Finance US, Inc. 2018 USD Term Loan, 4.845%, (US0001M + 2.500%), 02/28/25   4,662,438    0.6 
3,552,587    Delta 2 (LUX) S.a.r.l. 2018 USD Term Loan, 4.845%, (US0001M + 2.500%), 02/01/24   3,440,058    0.4 
4,137,210    Equinox Holdings, Inc. 2017 1st Lien Term Loan, 5.345%, (US0001M + 3.000%), 03/08/24   4,106,181    0.5 
1,174,799    Equinox Holdings, Inc. 2017 2nd Lien Term Loan, 9.345%, (US0001M + 7.000%), 09/06/24   1,197,561    0.2 
5,666,656    Fitness International, LLC 2018 Term Loan B, 5.595%, (US0001M + 3.250%), 04/18/25   5,626,989    0.7 
EUR 997,500    Fluidra Finco SLU 2018 EUR Term Loan B, 2.750%, (EUR001M + 2.750%), 07/02/25   1,134,634    0.1 
1,541,138    Zodiac Pool Solutions LLC 2018 Term Loan B, 4.595%, (US0001M + 2.250%), 07/02/25   1,521,873    0.2 
EUR 2,010,000    Fugue Finance B.V. EUR Term Loan, 3.250%, (EUR003M + 3.250%), 09/01/24   2,270,543    0.3 
EUR 2,000,000    GVC Holdings PLC 2018 EUR Term Loan B2, 2.750%, (EUR003M + 2.750%), 03/29/24   2,265,262    0.3 

  

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Leisure Good/Activities/Movies: (continued)
1,616,875   GVC Holdings PLC 2018 USD Term Loan B2, 4.845%, (US0001M + 2.500%), 03/29/24  $1,608,791    0.2 
EUR  1,000,000    International Park Holdings B.V. EUR Term Loan B, 3.500%, (EUR006M + 3.500%), 06/13/24   1,124,671    0.1 
3,215,081    Kingpin Intermediate Holdings LLC 2018 Term Loan B, 5.840%, (US0001M + 3.500%), 07/03/24   3,202,944    0.4 
4,306,814    Life Time, Inc. 2017 Term Loan B, 5.456%, (US0003M + 2.750%), 06/10/22   4,255,222    0.5 
1,530,000    NEP/NCP Holdco, Inc. 2018 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 10/20/25   1,523,625    0.2 
1,180,000    NEP/NCP Holdco, Inc. 2018 2nd Lien Term Loan, 9.345%, (US0001M + 7.000%), 10/19/26   1,165,250    0.2 
799,178    SRAM, LLC 2018 Term Loan B, 5.210%, (US0002M + 1.750%), 03/15/24   797,170    0.1 
EUR 1,000,000    Thor Industries, Inc. EUR Term Loan B, 4.000%, (EUR003M + 4.000%), 10/30/25   1,121,487    0.1 
4,375,000    Thor Industries, Inc. USD Term Loan B, 6.486%, (US0003M + 3.750%), 10/30/25   4,328,516    0.5 
315,000    WeddingWire, Inc. 2nd Lien Term Loan, 10.986%, (US0003M + 8.250%), 11/08/26   314,213    0.0 
875,000    WeddingWire, Inc. Term Loan, 7.236%, (US0003M + 4.500%), 11/08/25   872,813    0.1 
1,092,000    Winnebago Industries, Inc. 2017 Term Loan, 5.824%, (US0003M + 3.500%), 11/08/23   1,079,715    0.1 
         51,219,170    6.3 
                
     Leisure Time: 0.4%
3,142,125    24 Hour Fitness Worldwide, Inc. 2018 Term Loan B, 5.845%, (US0001M + 3.500%), 05/30/25   3,124,451    0.4 
                
     Lodging & Casinos: 5.1%
543,125    Belmond Interfin Ltd. Dollar Term Loan, 5.095%, (US0001M + 2.750%), 07/03/24   539,391    0.1 
7,801,050    Caesars Resort Collection, LLC 2017 1st Lien Term Loan B, 5.095%, (US0001M + 2.750%), 12/22/24   7,678,183    1.0 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Lodging & Casinos: (continued)
527,163   CBAC Borrower, LLC 2017 Term Loan B, 6.345%, (US0001M + 4.000%), 07/05/24  $526,504    0.1 
2,690,938    CityCenter Holdings, LLC 2017 Term Loan B, 4.595%, (US0001M + 2.250%), 04/18/24   2,647,210    0.3 
2,611,938    Everi Payments Inc. Term Loan B, 5.345%, (US0001M + 3.000%), 05/09/24   2,608,020    0.3 
3,111,488    Golden Entertainment, Inc. 2017 1st Lien Term Loan, 5.350%, (US0001M + 3.000%), 10/21/24   3,088,151    0.4 
870,000    Golden Entertainment, Inc. 2017 2nd Lien Term Loan, 9.350%, (US0001M + 7.000%), 10/20/25   865,650    0.1 
8,677,264    Scientific Games International, Inc. 2018 Term Loan B5, 5.216%, (US0002M + 2.750%), 08/14/24   8,482,026    1.0 
9,251,813    Stars Group Holdings B.V. (The) 2018 USD Incremental Term Loan, 5.886%, (US0003M + 3.500%), 07/10/25   9,233,022    1.1 
5,731,911    Station Casinos LLC 2016 Term Loan B, 4.850%, (US0001M + 2.500%), 06/08/23   5,680,960    0.7 
         41,349,117    5.1 
                
     Nonferrous Metals/Minerals: 0.7%
6,110,722    Covia Holdings Corporation Term Loan, 6.136%, (US0003M + 3.750%), 06/01/25   4,888,578    0.6 
1,288,513    U.S. Silica Company 2018 Term Loan B, 6.375%, (US0001M + 4.000%), 05/01/25   1,146,508    0.1 
         6,035,086    0.7 
                
     Oil & Gas: 1.9%
1,107,225    Brazos Delaware II, LLC Term Loan B, 6.303%, (US0001M + 4.000%), 05/21/25   1,079,083    0.1 
1,395,000    Encino Acquisition Partners Holdings, LLC 2018 2nd Lien Term Loan, 9.095%, (US0001M + 6.750%), 09/21/25   1,405,462    0.2 
1,394,463    Glass Mountain Pipeline Holdings, LLC Term Loan B, 6.820%, (US0001M + 4.500%), 12/23/24   1,390,976    0.2 
2,295,000    Grizzly Acquisitions Inc. 2018 Term Loan B, 5.646%, (US0003M + 3.250%), 10/01/25   2,276,353    0.3 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Oil & Gas: (continued)
1,869,730   HGIM Corp. 2018 Exit Term Loan, 8.508%, (US0006M + 6.000%), 07/03/23  $1,873,236    0.2 
1,994,975    McDermott Technology Americas Inc 2018 1st Lien Term Loan, 7.345%, (US0001M + 5.000%), 05/10/25   1,925,983    0.2 
2,684,713    Medallion Midland Acquisition, LLC 1st Lien Term Loan, 5.595%, (US0001M + 3.250%), 10/30/24   2,601,374    0.3 
785,819    MEG Energy Corp. 2017 Term Loan B, 5.850%, (US0001M + 3.500%), 12/31/23   783,363    0.1 
445,000    Moda Ingleside Energy Center, LLC 2018 Term Loan B, 5.595%, (US0001M + 3.250%), 09/29/25   446,669    0.1 
1,756,725    Navitas Midstream Midland Basin, LLC Term Loan B, 6.806%, (US0001M + 4.500%), 12/13/24   1,743,550    0.2 
         15,526,049    1.9 
                
     Publishing: 0.8%
2,690,214    Meredith Corporation 2018 Term Loan B, 5.095%, (US0001M + 2.750%), 01/31/25   2,682,816    0.3 
1,492,389    Merrill Communications, LLC 2015 Term Loan, 7.777%, (US0003M + 5.250%), 06/01/22   1,499,850    0.2 
1,950,510    Tribune Media Company Term Loan C, 5.345%, (US0001M + 3.000%), 01/27/24   1,948,056    0.3 
236,728    Tribune Media Company Term Loan, 5.345%, (US0001M + 3.000%), 12/27/20   236,580    0.0 
         6,367,302    0.8 
                
     Radio & Television: 2.3%
2,743,940    A-L Parent LLC 2016 1st Lien Term Loan, 5.600%, (US0001M + 3.250%), 12/01/23   2,737,080    0.3 
92,314    A-L Parent LLC 2017 1st Lien Term Loan, 5.986%, (US0003M + 3.250%), 12/01/23   92,891    0.0 
3,261,231    CBS Radio Inc. 2017 Term Loan B, 5.065%, (US0001M + 2.750%), 11/18/24   3,228,618    0.4 
3,592,245    Cumulus Media New Holdings Inc. Exit Term Loan, 6.850%, (US0001M + 4.500%), 05/15/22   3,468,762    0.4 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Radio & Television: (continued)
2,149,200   Lions Gate Capital Holdings LLC 2018 Term Loan B, 4.595%, (US0001M + 2.250%), 03/24/25  $2,127,708    0.3 
1,130    Mission Broadcasting, Inc. 2018 Term Loan B3, 4.565%, (US0001M + 2.250%), 01/17/24   1,120    0.0 
7,945,385    Univision Communications Inc. Term Loan C5, 5.095%, (US0001M + 2.750%), 03/15/24   7,426,098    0.9 
         19,082,277    2.3 
                
     Retailers (Except Food & Drug): 6.3%
1,224,042    Abercrombie & Fitch Management Co. 2018 Term Loan B1, 5.810%, (US0001M + 3.500%), 08/07/21   1,224,807    0.2 
1,483,523    Academy, Ltd. 2015 Term Loan B, 6.304%, (US0001M + 4.000%), 07/01/22   1,091,317    0.1 
2,019,560    Ascena Retail Group, Inc. 2015 Term Loan B, 6.875%, (US0001M + 4.500%), 08/21/22   1,930,362    0.2 
2,085,000    Bass Pro Group, LLC Term Loan B, 7.345%, (US0001M + 5.000%), 09/25/24   2,062,413    0.3 
4,364,339    Belk, Inc. TL B 1L, 7.365%, (US0003M + 4.750%), 12/12/22   3,517,658    0.4 
5,750,696    BJs Wholesale Club, Inc. 2017 1st Lien Term Loan, 5.318%, (US0001M + 3.000%), 02/03/24   5,732,725    0.7 
177,982    General Nutrition Centers, Inc. 2018 Term Loan B, 11.600%, (US0001M + 9.250%), 03/04/21   175,005    0.0 
634,233    General Nutrition Centers, Inc. FILO Term Loan, 9.345%, (US0001M + 7.000%), 12/31/22   646,125    0.1 
5,381,805    Harbor Freight Tools USA, Inc. 2018 Term Loan B, 4.845%, (US0001M + 2.500%), 08/18/23   5,221,470    0.6 
4,671,096    Jo-Ann Stores, Inc. 2016 Term Loan, 7.477%, (US0003M + 5.000%), 10/20/23   4,601,029    0.6 
545,000    Jo-Ann Stores, Inc. 2018 2nd Lien Term Loan, 11.727%, (US0003M + 9.250%), 05/21/24   538,188    0.1 
5,178,160    Leslies Poolmart, Inc. 2016 Term Loan, 5.845%, (US0001M + 3.500%), 08/16/23   5,124,219    0.6 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Retailers (Except Food & Drug): (continued)
4,491,418   Mens Wearhouse, Inc. (The) 2018 Term Loan, 5.549%, (US0001M + 3.250%), 04/09/25  $4,468,960    0.5 
331,851    National Vision, Inc. 2017 Repriced Term Loan, 4.845%, (US0001M + 2.500%), 11/20/24   331,022    0.0 
2,078,501    Party City Holdings Inc. 2018 Term Loan B, 5.100%, (US0001M + 2.500%), 08/19/22   2,062,480    0.3 
EUR  5,909,551    Peer Holding III B.V. 2018 EUR Term Loan B, 3.250%, (EUR003M + 3.250%), 03/08/25   6,651,736    0.8 
5,640,500    Petco Animal Supplies, Inc. 2017 Term Loan B, 5.777%, (US0003M + 3.250%), 01/26/23   4,267,038    0.5 
2,603,503    PetSmart, Inc., 5.320%, (US0001M + 3.000%), 03/11/22   2,184,617    0.3 
         51,831,171    6.3 
                
     Steel: 0.5%
4,112,938    GrafTech Finance, Inc. 2018 Term Loan B, 5.845%, (US0001M + 3.500%), 02/12/25   4,066,564    0.5 
                
     Surface Transport: 1.2%
733,825    AI Mistral Holdco Limited 2017 Term Loan B, 5.345%, (US0001M + 3.000%), 03/09/24   720,983    0.1 
4,739,188    Navistar International Corporation 2017 1st Lien Term Loan B, 5.820%, (US0001M + 3.500%), 11/06/24   4,730,245    0.6 
1,628,478    PODS, LLC 2018 1st Lien Term Loan, 5.068%, (US0001M + 2.750%), 12/06/24   1,604,559    0.2 
2,958,286    Savage Enterprises LLC 2018 1st Lien Term Loan B, 6.820%, (US0001M + 4.500%), 08/01/25   2,968,764    0.3 
         10,024,551    1.2 
                
     Telecommunications: 8.2%
2,703,775    Altice Financing SA 2017 USD Term Loan B, 5.053%, (US0001M + 2.750%), 07/15/25   2,628,294    0.3 
1,950,300    Altice Financing SA USD 2017 1st Lien Term Loan, 5.053%, (US0001M + 2.750%), 01/31/26   1,887,881    0.2 
2,215,000    Asurion LLC 2017 2nd Lien Term Loan, 8.845%, (US0001M + 6.500%), 08/04/25   2,264,838    0.3 
Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Telecommunications: (continued)
6,258,841   Asurion LLC 2017 Term Loan B4, 5.345%, (US0001M + 3.000%), 08/04/22  $6,217,770    0.8 
5,548,585    Asurion LLC 2018 Term Loan B6, 5.345%, (US0001M + 3.000%), 11/03/23   5,500,728    0.7 
4,239,375    Asurion LLC 2018 Term Loan B7, 5.345%, (US0001M + 3.000%), 11/03/24   4,198,749    0.5 
5,359,525    Avaya, Inc. 2018 Term Loan B, 6.608%, (US0001M + 4.250%), 12/15/24   5,310,957    0.6 
7,870,575    CenturyLink, Inc. 2017 Term Loan B, 5.095%, (US0001M + 2.750%), 01/31/25   7,663,972    0.9 
2,154,949    Consolidated Communications, Inc. 2016 Term Loan B, 5.345%, (US0001M + 3.000%), 10/04/23   2,080,064    0.3 
4,415,400    Flexential Intermediate Corporation 2017 1st Lien Term Loan, 5.886%, (US0003M + 3.500%), 08/01/24   4,298,392    0.5 
1,487,242    Global Tel*Link Corporation 1st Lien Term Loan, 6.386%, (US0003M + 4.250%), 05/23/20   1,490,496    0.2 
1,700,000    Global Tel*Link Corporation 2nd Lien Term Loan, 10.636%, (US0003M + 8.250%), 11/23/20   1,701,063    0.2 
EUR   997,500    GTT Communications, Inc. 2018 EUR Term Loan, 3.250%, (EUR001M + 3.250%), 05/31/25   1,115,507    0.1 
2,278,550    MTN Infrastructure TopCo Inc 1st Lien Term Loan B, 5.345%, (US0001M + 3.000%), 11/15/24   2,263,359    0.3 
980,050    Numericable Group SA USD Term Loan B12, 5.994%, (US0001M + 3.688%), 01/31/26   924,922    0.1 
2,243,423    Securus Technologies Holdings, Inc. 2017 1st Lien Term Loan, 6.845%, (US0001M + 4.500%), 11/01/24   2,226,597    0.3 
600,000    Securus Technologies Holdings, Inc. 2018 Delayed Draw Term Loan, 7.236%, (US0003M + 4.500%), 11/01/24   595,500    0.1 
1,840,388    Speedcast International Limited Term Loan B, 4.886%, (US0003M + 2.500%), 05/02/25   1,796,678    0.2 

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Principal Amount†    Borrower/Tranche
Description (continued)		  Fair Value   Percentage
of Net
Assets		 
SENIOR LOANS*: (continued)     
     Telecommunications: (continued)
5,077,675   Sprint Communications, Inc. 1st Lien Term Loan B, 4.875%, (US0001M + 2.500%), 02/02/24  $5,016,322    0.6 
3,649,169    Syniverse Holdings, Inc. 2018 1st Lien Term Loan, 7.307%, (US0001M + 5.000%), 03/09/23   3,526,009    0.4 
935,000    Syniverse Holdings, Inc. 2018 2nd Lien Term Loan, 11.307%, (US0001M + 9.000%), 03/11/24   869,550    0.1 
2,125,000    Telenet Financing USD LLC USD Term Loan AN, 4.557%, (US0001M + 2.250%), 08/15/26   2,093,567    0.3 
1,559,305    Windstream Corporation Repriced Term Loan B6, 6.310%, (US0001M + 4.000%), 03/29/21   1,456,391    0.2 
         67,127,606    8.2 
                
     Utilities: 1.8%
4,962,500    Calpine Construction Finance Company, L.P. 2017 Term Loan B, 4.845%, (US0001M + 2.500%), 01/15/25   4,888,062    0.6 
981,255    Helix Gen Funding, LLC Term Loan B, 6.095%, (US0001M + 3.750%), 06/02/24   907,661    0.1 
1,245,000    LMBE-MC Holdco II LLC Term Loan B, 6.736%, (US0003M + 4.000%), 11/14/25   1,241,887    0.2 
2,370,375    Longview Power LLC Term Loan B, 8.530%, (US0003M + 6.000%), 04/13/21   2,045,930    0.2 
824,192    MRP Generation Holdings, LLC Term Loan B, 9.386%, (US0003M + 7.000%), 10/18/22   795,346    0.1 
1,885,210    Nautilus Power, LLC Term Loan B, 6.595%, (US0001M + 4.250%), 05/16/24   1,892,868    0.2 
995,429    Southeast PowerGen, LLC Term Loan B, 5.850%, (US0001M + 3.500%), 12/02/21   971,788    0.1 
1,495,000    Spade Facilities II, L.L.C. Term Loan, 6.486%, (US0003M + 3.750%), 11/15/25   1,498,738    0.2 
485,316    TPF II Power, LLC Term Loan B, 6.095%, (US0001M + 3.750%), 10/02/23   482,889    0.1 
         14,725,169    1.8 
                
  Total Senior Loans         
  (Cost $1,219,801,027)  1,193,607,150    145.9 
Shares       Value   Percentage
of Net
Assets		 
EQUITIES AND OTHER ASSETS: 0.3%
46,262 (2)  Cumulus Media, Inc. Class-A  $522,761    0.1 
43,777 (2)  Everyware Global, Inc.   65,665    0.0 
4,398 (2)  Harvey Gulf International Marine LLC   184,716    0.0 
19,651 (2)  Harvey Gulf International Marine LLC - Warrants   903,946    0.1 
205,396 (2)  Longview Power LLC   172,944    0.0 
75,853 (2)  Millennium Health, LLC   4,703    0.0 
– (2),(3)  Millennium Health, LLC- Corporate Claims Trust   –    0.0 
407 (2)  Southcross Holdings GP LLC   –    0.0 
407 (2)  Southcross Holdings LP- Class A   376,475    0.1 
  Total Equities and Other Assets          
  (Cost $5,210,738)   2,231,210    0.3 
                
  Total Investments
(Cost $1,225,011,765)		  $1,195,838,360    146.2 
  Liabilities in Excess of Other Assets   (377,957,777)   (46.2)
  Net Assets  $817,880,583    100.0 

 

* Senior loans, while exempt from registration under the Securities Act of 1933, as amended, contain certain restrictions on resale and cannot be sold publicly. These senior loans bear interest (unless otherwise noted) at rates that float periodically at a margin above the London Inter-Bank Offered Rate (“LIBOR”) and other short-term rates.
† Unless otherwise indicated, principal amount is shown in USD.
(1) All or a portion of this holding is subject to unfunded loan commitments.  
(2) Non-income producing security.
(3) For fair value measurement disclosure purposes, security is categorized as Level 3, whose value was determined using significant unobservable inputs.

  

 

Reference Rate Abbreviations:
EUR001M 1-month EURIBOR
EUR001W 1-week EURIBOR
EUR003M 3-month EURIBOR
US0001M 1-month LIBOR
US0001W 1-week LIBOR
US0002M 2-month LIBOR
US0003M 3-month LIBOR
US0006M 6-month LIBOR

 

 

 

 

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of November 30, 2018 in valuing the assets and liabilities:

  

   Quoted Prices
in Active Markets
for Identical
Investments
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		   Fair Value
at
November 30, 2018		 
Asset Table                    
Investments, at fair value                    
Senior Loans  $–   $1,193,607,150   $–   $1,193,607,150 
Equities and Other Assets   522,761    1,708,449    –    2,231,210 
Total Investments, at fair value  $522,761   $1,195,315,599   $–   $1,195,838,360 
Other Financial Instruments+                    
Forward Foreign Currency Contracts   –    689,423    –    689,423 
Total Assets  $522,761   $1,196,005,022   $–   $1,196,527,783 

  

 

+Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and include open forward foreign currency contracts which are fair valued at the unrealized gain (loss) on the instrument.

                                                                             

 

At November 30, 2018, the following forward foreign currency contracts were outstanding for Voya Prime Rate Trust:

 

Currency Purchased   Currency Sold   Counterparty  Settlement
Date		  Unrealized
Appreciation
(Depreciation)		 
USD 68,511,875   EUR 59,870,000   State Street Bank & Trust Co.  12/12/18  $689,423 
                $689,423 

 

Currency Abbreviations
EUR - EU Euro
USD - United States Dollar

  

A summary of derivative instruments by primary risk exposure is outlined in the following tables.

 

The fair value of derivative instruments as of November 30, 2018 was as follows:

 

   Location on Statement    
Derivatives not accounted for as hedging instruments  of Assets and Liabilities  Fair Value 
        
Asset Derivatives        
         
Foreign exchange contracts  Unrealized appreciation on forward foreign currency contracts  $689,423 
Total Asset Derivatives     $689,423 

   

 

 

  

Voya Prime Rate Trust

PORTFOLIO OF INVESTMENTS

as of November 30, 2018 (Unaudited) (Continued)

 

The effect of derivative instruments on the Trust's Statement of Operations for the period ended November 30, 2018 was as follows: 

 

Amount of Realized Gain or (Loss) on Derivatives Recognized in Income

Derivatives not accounted for as hedging instruments  Forward foreign currency
contracts		 
     
Foreign exchange contracts  $6,084,158 
Total  $6,084,158 

 

Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income

Derivatives not accounted for as hedging instruments  Forward foreign currency
contracts		 
     
Foreign exchange contracts  $26,007 
Total  $26,007 

  

The following is a summary by counterparty of the fair value of OTC derivative instruments subject to Master Netting Agreements and collateral pledged (received), if any, at November 30, 2018:

 

   State Street Bank and Trust Co. 
Assets:     
Forward foreign currrency contracts  $689,423 
Total Assets  $689,423 
      
Net OTC derivative instruments by counterparty, at fair value  $689,423 
      
Total collateral pledged by the Trust/(Received from counterparty)  $- 
      
Net Exposure(1)  $689,423 

 

(1) Positive net exposure represents amounts due from each respective counterparty. Negative exposure represents amounts due from the Trust. Please refer to Note 2 for additional details regarding counterparty credit risk and credit related contingent features.

 

At November 30, 2018, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments at period end were:

 

Cost for federal income tax purposes was $1,227,423,779.

 

Net unrealized depreciation consisted of:

 

Gross Unrealized Appreciation  $1,650,723 
Gross Unrealized Depreciation   (30,154,050)
      
Net Unrealized Depreciation  $(28,503,327)

  

 

 

  

Item 2. Controls and Procedures.

 

(a)Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N- Q are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-Q and the officer certifications of such Form N-Q.

 

(b)There were no significant changes in the registrant’s internal controls over financial reporting that occurred during the registrant’s last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT.

  

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant): Voya Prime Rate Trust

 

By /s/ Michael Bell  
  Michael Bell  
  Chief Executive Officer  
     
Date: January 25, 2019  

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By /s/ Michael Bell  
  Michael Bell  
  Chief Executive Officer  
     
Date: January 25, 2019  
     
By /s/ Todd Modic  
  Todd Modic  
  Senior Vice President and Chief Financial Officer  
     
Date: January 25, 2019